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Monthly Fund Performance August 2018 Edition
Ulip Fund
THE LINKED INSURANCE PRODUCTS DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT.THE POLICYHOLDER WILL NOT BE ABLE TO
SURRENDER/WITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR.
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
Glossary
Sanjay Kumar
Chief Investment Officer
Month gone by – A snapshot
Global equity markets were mixed in August amid evolving adverse macro-economic situation in selectemerging markets (EMs). While developed market index rose by a modest 1% in August, EM index fell by2.9%. Indian equity markets significantly outperformed the broader EM pack with Nifty ending 2.9% higher.The fixed income market remained under pressure, with 10-year G-sec yield rising by ~20bps in Augustamid sustained INR weakness (-3.6% during the month) and firming of crude oil prices. India’s Q1 FY19 GDPgrowth at 8.2% surpassed market expectations.
Strong Q1 FY19 GDP growth underscores continuation of cyclical recovery
India’s Q1 FY19 GDP growth of 8.2% was the highest in nine quarters, albeit off a low base, and significantly surpassed expectations.This was largely led by a continued pick-up in private consumption as also signalled from several high frequency indicators. A strongrebound in manufacturing sector signals continued cyclical recovery. Moody’s expects India’s GDP growth at 7.5% in 2018 and 2019,aided by strong rural and urban demand as well as recovery in industrial activity. External headwinds arising from higher crude oilprices and tightening global financial conditions are key downside risks.
Corporate earnings signal strong consumption trend
The aggregate Q1 FY19 corporate earnings displayed continued improvement. The recovery was largely led by a) strong pick-up inconsumption as signalled by robust volume growth, b) revival in earnings of Technology and Pharmaceutical sectors amid INRdepreciation and c) commodity sectors. The management commentaries point to a further acceleration in rural consumption andimprovement in capacity utilisation. On the negative side, corporate-focused private banks dragged down overall earnings. However,the asset quality concerns are expected to wane over next few quarters.
Fixed income market performance
Fixed income market sees hardening of yields: Fixed income markets remained under pressure in August, largely on account offirming of crude oil prices (+9% from August-lows; +16% YTD), deteriorating macro-economic situation in select EMs, depreciating INR(-3.6% in August; -11% YTD) and consequent upside risks to inflation and twin-deficit. Foreign institutional investors (FIIs) were modestbuyers for the second consecutive month. The 10-year G-sec yield rose by 20bps to end the month at 8.0%.
Bond yields expected to remain range-bound: Sustained weakness in INR and rising crude oil prices are likely to be key factors forconsideration in the next RBI policy meeting. Further, risks to fiscal slippage remain high amid weak GST collections. On the positiveside, expectations of liquidity management by RBI through open market purchases may provide downside support to bond yields. Thekey downside risks in the near-term include a) further increase in crude oil prices, b) continued build up in core inflation momentum,c) higher-than-expected impact of MSP hikes on inflation trajectory, d) INR depreciation and e) tightening of global financialconditions.
Equity market performance
Equity market continues to rally: Following a strong July, equity market rally continued in August amid continued global risk-onsentiments. The rally was largely led by a) export-oriented sectors such as IT and Pharmaceuticals amid weak INR and b) corporate-focused banks as the resolution process of non-performing assets (NPAs) is gathering pace. The FIIs as well as domestic institutionalinvestors were net buyers for the second consecutive month. While Nifty index ended 2.9% higher in August (+11% YTD), mid-capssignificantly outperformed and generated 5.4% return (-5% YTD).
Equity market to consolidate in near-term; medium-term outlook positive: Strong performance over last few months has resultedin a significant valuation re-rating of the broader market. Moreover, rising domestic macro-economic concerns arising from surgingcrude oil prices and depreciating INR as well as political uncertainty may weaken investor sentiments. These factors, coupled withglobal geo-political issues and monetary policy actions, may lead to equity market consolidation in the near-term. In the medium-term, improving economic growth outlook and continued revival in corporate earnings, aided by strong consumption, bode well forequity markets.
Back
From the CIO’s desk
Economic indicators
Consumer Price Index (CPI) Inflation (%) 2.4 4.6 4.2 -0.4 1.8
Gross Domestic product (GDP Growth) % 5.6 7.7 8.2 0.5 2.6
Index of Industrial Production (IIP) (%) -0.3 5.3 7.0 1.7 7.3
Brent crude oil (USD/barrel) 52 78 77 -1% 48%
Domestic Markets
Nifty Index 9,918 10,736 11,681 9% 18%
BSE Mid-cap Index 15,540 16,014 16,881 5% 9%
10-year G-Sec Yield (%) 6.5 7.8 8.0 20 bps 150 bps
30-year G-Sec Yield (%) 7.1 8.1 8.2 10 bps 110 bps
10-year AAA PSU Corporate Bond Yield (%) 7.4 8.5 8.7 20 bps 130 bps
Exchange rate (USD/INR) * 63.9 67.4 71.0 -5% -11%
Global Markets
Dow Jones (U.S.) 21,948 24,416 25,965 6% 18%
FTSE (U.K.) 7,431 7,678 7,432 -3% 0%
Shanghai Stock Exchange Composite Index (China) 3,361 3,095 2,725 -12% -19%
Nikkei 225 (Japan) 19,646 22,202 22,865 3% 16%
3 Month Change
August 2018May 2018August 2017Indicators12 Month Change
Source: Central Statistics Organisation (CSO), RBI, Bloomberg. *Negative growth number signals depreciation while positive growth number signals appreciation.
Glossary
10-year government bond yield trend
Equity Market performance
Back
Economic and market snapshot
7.7
7.1
8.0
6.0
6.2
6.4
6.6
6.8
7.0
7.2
7.4
7.6
7.8
8.0
Aug-17 Oct-17 Dec-17 Feb-18 Apr-18 Jun-18 Aug-18
10-year benchmark yield(%)
Source: Bloomberg
11,681
16,881
6,000
7,600
9,200
10,800
12,400
14,000
15,600
17,200
18,800
20,400
Aug-17 Oct-17 Dec-17 Feb-18 Apr-18 Jun-18 Aug-18
NIFTY BSE Mid-cap Index
Source: Bloomberg
+11% in 2018 YTD
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MARKET OVERVIEW FUND PERFORMANCE OUR POPULAR PRODUCTS
MetInvestMonthly Fund Performance Newsletter
FUND CATEGORY
EQUITY BALANCED
Balancer II
DEBT
Protector IIFlexicap
Multiplier II
Multiplier III
Virtue II
Multiplier
Virtue
Accelerator
Balancer
Moderator
Preserver II
Liquid
Protector
Preserver
Discontinued Policy
CREST (Thematic)
Mid Cap
Premier Multi-Cap
Balanced Opportunities Bond Opportunities
PortfolioMorningstar
median returns
Morningstar
RatingPortfolio
Morningstar
median returns
Morningstar
RatingPortfolio
Morningstar
median returns
Equity
Flexi Cap 9.5% 9.6% *** (3‐star) 16.7% 16.3% *** (3‐star) 12.0% 11.9%
Virtue II 10.3% 9.6% **** (4‐star) 17.7% 16.3% **** (4‐star) 13.4% 11.9%
Balanced
Balancer II 8.4% 8.2% *** (3‐star) 11.7% 11.9% *** (3‐star) 9.6% 9.7%
Debt
Protector II 6.5% 6.9% ** (2‐star) 7.8% 8.2% ** (2‐star) 8.1% 8.2%
Source: Morningstar
July 2018
3‐year (CAGR) 5‐year (CAGR) 7‐year (CAGR)
Fund Performance of Key Open Individual Funds
5 | Page
Notes: 1. Morningstar Rating is based on Morningstar Risk‐Adjusted Return (MRAR) framework. MRAR is a measure of fund’s past performance after adjusting for risk. 2. The above information is as of July 31, 2018 as the performance data for August is yet to be provided by Morningstar. 3. The tables above excludes Multiplier II fund as it is not rated by Morningstar (given its restricted investment universe).
Morningstar rating methodology: Morningstar sets the distribution of funds across the rating levels, assigning three/five star ratings as follows:1. All funds in the category are sorted by MRAR % Rank for the respective time period in descending order.2. Starting with the highest MRAR % Rank, those in the top 10% of such funds receive a 5‐star rating. 3. The next 22.5% (i.e., ranking below the top 10% and up to the top 32.5%) of funds receive a 4‐star rating, and the following 35% (i.e., ranking below the top 32.5% and up to the top 67.5%) of funds receive a 3‐star rating.4. The next 22.5% (i.e., ranking below the top 67.5% and up to the top 90%) of funds receive a 2‐star rating.5. The remaining funds (i.e., the bottom 10% of the category) receive a 1‐star rating.
Back
Glossary
Liquid
PreserverII
ProtectorII
BondOpport-unities
Balancer II
Balancedopp
MultiplierIII
Crest
MultiplierII
Virtue II
Midcap
Flexicap
Premiermulti
Risk - Return Matrix
Glossary Back
LOW MEDIUM HIGH
Ret
urn
Risk
Open Funds - Funds that are open for sales to new customers
Preserver
Protector
Moderator
Balancer
Accelerator
Multiplier
Virtue
LOW MEDIUM HIGH
Risk
Ret
urn
Closed Funds - Funds that are closed for sales to new customers
6 | Page
Flexi Cap (Open Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Equity 60-100%Cash & Money Market 0-40%
Portfolio ComponentsPortfolio return 2.8% 9.1% 13.8% 13.9% 12.6% 10.4% 10.5%Benchmark** 3.5% 9.8% 16.3% 15.7% 14.4% 9.9% 10.6% Security Net Assets
Note: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIESRELIANCE INDUSTRIES LTD. 6.3%INFOSYS LTD. 6.3%
Asset Under Management (AUM) (Rs crores) I T C LTD. 5.9%H D F C BANK LTD. 5.5%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 3.9%R*SHARES BANK BEES ETF 3.3%LARSEN & TOUBRO LTD. 3.1%TATA CONSULTANCY SERVICES LTD. 2.8%KOTAK BANKING ETF 2.7%I C I C I BANK LTD. 2.7%Others 55.9%TOTAL 98.5%
CASH AND MONEY MARKET 1.5%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Date of Inception: December 22,2009
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Since05-Jan-10
** Benchmark return has been computed by applying benchmark weightages on S&P BSE 200 for Equity
Last 3 Years
Since Inception
Amit Shah Equity - 6 | Debt - 0 | Balanced - 2
Rs. 714 crore
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
98.5%1.5%
Last 1 Month
NAV as on 31-08-2018
Rs. 23.7364
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF01315/12/09FLEXICAPFN117
UNIT-LINKED Fund
Investment Objective: To generate long-term capital appreciation from an actively
managed portfolio of diversified stocks across the market capitalization spectrum.
Investment Philosophy: The fund will target 100% investments in Equities to meet the
stated objectives.
Cash and Money Market
11(1%)
Equity703
(99%)
23%
13%
9%
7%7%
7%
6%
6%
5%
4%
13%
FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MUTUAL FUND
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
INFRASTRUCTURE SECTOR
CIVIL ENGINEERING
Others
8
10
12
14
16
18
20
22
24
26
Dec-09 Jun-11 Nov-12 Apr-14 Oct-15 Mar-17 Aug-18
7 | Page
Multiplier II (Open Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Equities 60-100%Money Market Instruments 0-40%
Portfolio ComponentsPortfolio return 2.5% 10.4% 14.7% 13.0% 11.8% 9.0%Benchmark** 2.9% 11.3% 17.8% 15.3% 13.6% 9.6% Security Net Assets
Note: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIESRELIANCE INDUSTRIES LTD. 8.3%INFOSYS LTD. 7.8%
Asset Under Management (AUM) (Rs crores) H D F C BANK LTD. 7.1%I T C LTD. 6.6%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 4.8%LARSEN & TOUBRO LTD. 4.3%MAHINDRA & MAHINDRA LTD. 3.6%TATA CONSULTANCY SERVICES LTD. 3.5%SBI-ETF NIFTY BANK 3.4%HINDUSTAN UNILEVER LTD. 3.4%Others 45.2%TOTAL 98.0%
CASH AND MONEY MARKET 2.0%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Absolute Return CAGR Return98.0%2.0%
Last 1 Month
Last 6 Months
Last 1Year
Last 2Years
Since05-Jan-10
As on August 31, 2018
SFIN No: ULIF01115/12/09MULTIPLIE2117
Fund Manager Funds managed by the Fund Manager
Date of Inception: December 21,2009
Last 3 Years
Since Inception
9.0%10.3%
NAV as on 31-08-2018
Rs. 21.1372
Amit Shah Equity - 6 | Debt - 0 | Balanced - 2
Rs. 714 crore
As on August 31, 2018
** Benchmark return has been computed by applying benchmark weightages on Nifty 50 for Equity
NA
V (
In R
s.)
Returns
UNIT-LINKED Fund
Investment Objective: To generate long term capital appreciation by investing in
diversified equities.
Investment Philosophy: The fund will target 100% investments in Equities to meet the
stated objectives.
Cash and Money Market
14(2%)
Equity700
(98%)
23%
15%
10%9%
8%
7%
6%
5%
4%
4%
9%FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MUTUAL FUND
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
CIVIL ENGINEERING
INFRASTRUCTURE SECTOR
Others
8
10
12
14
16
18
20
22
Dec-09 Jun-11 Nov-12 Apr-14 Oct-15 Mar-17 Aug-18
8 | Page
Multiplier III Fund (Open Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Equities 60-100%Money Market Instruments 0-40%
Portfolio ComponentsPortfolio return 3.0% 10.3% 15.9% 14.0% - 14.9%Benchmark** 2.9% 11.3% 17.8% 15.3% - 15.8% Security Net Assets
Note: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIESRELIANCE INDUSTRIES LTD. 7.8%INFOSYS LTD. 7.7%
Asset Under Management (AUM) (Rs crores) H D F C BANK LTD. 6.6%I T C LTD. 6.5%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 4.3%LARSEN & TOUBRO LTD. 3.9%SBI-ETF NIFTY BANK 3.9%HINDUSTAN UNILEVER LTD. 3.6%TATA CONSULTANCY SERVICES LTD. 3.5%I C I C I BANK LTD. 3.3%Others 47.3%TOTAL 98.5%
CASH AND MONEY MARKET 1.5%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
** Benchmark return has been computed by applying benchmark weightages on Nifty 50
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
98.5%1.5%
Last 1 Month
As on August 31, 2018
SFIN No: ULIF01809/10/15MULTIPLIE3117
Fund Manager Funds managed by the Fund Manager
Date of Inception: July 26,2016
NAV as on 31-08-2018
Rs. 13.3724
Amit Shah Equity - 6 | Debt - 0 | Balanced - 2
Rs. 7.3 crore
UNIT-LINKED Fund
Investment Objective: To generate long term capital appreciation by investing in
diversified equities (predominantly large caps).
Investment Philosophy: The fund will target 100% investments in Equities to meet
the stated objectives.
Cash and Money Market
0.1(1%)
Equity7.2
(99%)
24%
14%
10%8%
7%
7%
7%
6%
5%
3%
9%FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MUTUAL FUND
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
CIVIL ENGINEERING
MANUFACTURE OF BASIC METALS
Others
8
9
10
11
12
13
14
Jul-16 Nov-16 Apr-17 Aug-17 Dec-17 Apr-18 Aug-18
9 | Page
CREST (THEMATIC FUND) (Open Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Equities 60%-100%Debt 0%Money Market 0%-40%
Portfolio return 3.6% - - - - 14.1% Portfolio ComponentsBenchmark** 3.7% - - - - 13.3%
Note: Past returns are not indicative of future performance. Security Net AssetsTOP 10 EQUITY SECURITIESINFOSYS LTD. 5.7%
Asset Under Management (AUM) (Rs crores) RELIANCE INDUSTRIES LTD. 5.0%H D F C BANK LTD. 4.3%I T C LTD. 4.2%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 3.5%LARSEN & TOUBRO LTD. 2.9%TATA CONSULTANCY SERVICES LTD. 2.6%I C I C I BANK LTD. 2.6%SUN PHARMACEUTICAL INDS. LTD. 2.5%DABUR INDIA LTD. 2.3%Others 62.0%TOTAL 97.6%
CASH AND MONEY MARKET 2.4%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
** Benchmark return has been computed by applying benchmark weightages on Nifty 50 (2/3rd) and Nifty Next 50 (1/3rd) for Equity
NAV as on 31-08-2018
Rs. 11.4086
2.4%
Date of Inception: March 21,2018
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Amit Shah Equity - 6 | Debt - 0 | Balanced - 2
Rs. 4.6 crore
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
97.6%0.0%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF02201/01/18CRESTTHEMF117
UNIT-LINKED Fund
Investment Objective: To generate wealth by investing in companies which will
benefit from the present evolving economic environment such as rising consumerism
(C), strengthening government reforms (RE), increasing contribution of services (S) in
the economy and new technologies (T).Investment Philosophy: The fund will target 100% investments in Equities to meet
the stated objectives
Cash and Money Market
0.1(2%)
Equity4.5
(98%)
24%
13%
9%
8%5%
5%
5%
4%
4%
3%
20%
FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MUTUAL FUND
MANUFACTURE OF TOBACCO PRODUCTS
CIVIL ENGINEERING
MANUFACTURE OF ELECTRICAL EQUIPMENT
Others
9
9.5
10
10.5
11
11.5
12
Mar-18 Apr-18 May-18 Jun-18 Jul-18 Jul-18 Aug-18
10 | Page
Premier Multi-Cap Fund (Open Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Equities 60%-100%Debt 0%Money Market 0%-40%
Portfolio return 3.1% - - - - 14.1% Portfolio ComponentsBenchmark** 3.5% - - - - 11.7%
Note: Past returns are not indicative of future performance. Security Net AssetsTOP 10 EQUITY SECURITIESINFOSYS LTD. 6.1%
Asset Under Management (AUM) (Rs crores) RELIANCE INDUSTRIES LTD. 5.7%I T C LTD. 4.2%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 3.8%KOTAK BANKING ETF 3.5%H D F C BANK LTD. 3.4%SBI-ETF NIFTY BANK 3.3%LARSEN & TOUBRO LTD. 2.4%TATA CONSULTANCY SERVICES LTD. 2.3%I C I C I BANK LTD. 2.3%Others 59.6%TOTAL 96.7%
CASH AND MONEY MARKET 3.3%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Date of Inception: March 21,2018
** Benchmark return has been computed by applying benchmark weightages on Nifty 500
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
96.7%0.0%
Last 1 Month
As on August 31, 2018
SFIN No: ULIF02101/01/18MULTICAPFN117
Fund Manager Funds managed by the Fund Manager
3.3%
NAV as on 31-08-2018
Rs. 11.4096
Deb Bhattacharya Equity - 3 | Debt - 2 | Balanced - 3
Rs. 2.3 crore
UNIT-LINKED Fund
Investment Objective: To generate wealth by investing in companies across market
capitalisation spectrum with a blend of large-cap and mid-cap companies.
Investment Philosophy: The fund will target 100% investments in Equities to meet
the stated objectives
Cash and Money Market
0.1(3%)
Equity2.2
(97%)
22%
12%
8%
8%6%5%
5%
5%
4%
3%
22%
FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MUTUAL FUND
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
INFRASTRUCTURE SECTOR
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF OTHER NON-METALLIC MINERALPRODUCTS
Others
9
9.5
10
10.5
11
11.5
12
Mar-18 Apr-18 May-18 Jun-18 Jul-18 Jul-18 Aug-18
11 | Page
Virtue II (Open Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Equities 60-100%Money Market Instruments 0-40%
Portfolio ComponentsPortfolio return 4.2% 8.0% 16.8% 17.4% 12.8% 11.3%
Security Net AssetsNote: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIES
INFOSYS LTD. 7.0%RELIANCE INDUSTRIES LTD. 6.4%
Asset Under Management (AUM) (Rs crores) SUN PHARMACEUTICAL INDS. LTD. 3.4%HINDUSTAN UNILEVER LTD. 3.2%MARUTI SUZUKI INDIA LTD. 3.1%LARSEN & TOUBRO LTD. 2.9%CIPLA LTD. 2.9%EXIDE INDUSTRIES LTD. 2.7%TATA CONSULTANCY SERVICES LTD. 2.2%DABUR INDIA LTD. 2.1%Others 54.8%TOTAL 91.0%
CASH AND MONEY MARKET 9.0%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Date of Inception: January 12,2010
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
91.0%9.0%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
NAV as on 31-08-2018
Rs. 25.2144
As on August 31, 2018
SFIN No: ULIF01215/12/09VIRTUE2FND117
Amit Shah Equity - 6 | Debt - 0 | Balanced - 2
Rs. 151 crore
UNIT-LINKED Fund
Investment Objective: To generate long term capital appreciation by investing in
diversified equities of companies promoting healthy life style and enhancing quality
of life.Investment Philosophy: The fund will target 100% investments in Equities to meet
the stated objectives.
Cash and Money Market
14(9%)
Equity137
(91%)
14%
12%
10%
7%
7%7%
6%
5%
4%
4%
24%
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
INFRASTRUCTURE SECTOR
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF ELECTRICAL EQUIPMENT
MANUFACTURE OF FOOD PRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
CIVIL ENGINEERING
MANUFACTURE OF BASIC METALS
Others
8
10
12
14
16
18
20
22
24
26
Jan-10 Jun-11 Nov-12 May-14 Oct-15 Mar-17 Aug-18
12 | Page
Mid Cap Fund (Open Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Equities 60%-100%Debt 0%Money Market 0%-40%
Portfolio return 3.9% - - - - 6.7% Portfolio ComponentsBenchmark** 5.4% - - - - 5.3%
Note: Past returns are not indicative of future performance. Security Net AssetsTOP 10 EQUITY SECURITIESPIRAMAL ENTERPRISES LTD. 3.3%
Asset Under Management (AUM) (Rs crores) PETRONET L N G LTD. 3.1%EXIDE INDUSTRIES LTD. 3.1%M R F LTD. 3.0%DIVIS LABORATORIES LTD. 2.3%YES BANK LTD. 2.3%MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD. 2.2%DABUR INDIA LTD. 2.0%HAVELLS INDIA LTD. 1.8%TECH MAHINDRA LTD. 1.8%Others 68.2%TOTAL 93.1%
CASH AND MONEY MARKET 6.9%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Date of Inception: March 21,2018
** Benchmark return has been computed by applying benchmark weightages on S&P BSE Midcap Index
NAV as on 31-08-2018
Rs. 10.6677
6.9%
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Amit Shah Equity - 6 | Debt - 0 | Balanced - 2
Rs. 1.8 crore
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
93.1%0.0%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF02501/01/18MIDCAPFUND117
UNIT-LINKED Fund
Investment Objective: To provide long term capital appreciation from an actively
managed portfolio of diversified stocks from the midcap segment of the market
Investment Philosophy: The fund will target 100% investments in Equities to meet
the stated objectives
Cash and Money Market
0.1(7%)
Equity1.7
(93%)
21%
13%
9%
7%6%5%
3%
3%
2%
2%
29%
FINANCIAL AND INSURANCE ACTIVITIES
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MANUFACTURE OF ELECTRICAL EQUIPMENT
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
INFRASTRUCTURE SECTOR
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF BASIC METALS
MANUFACTURE OF RUBBER AND PLASTICS PRODUCTS
HUMAN HEALTH ACTIVITIES
MANUFACTURE OF FABRICATED METAL PRODUCTS,EXCEPT MACHINERY AND EQUIPMENT
Others
9
9.5
10
10.5
11
11.5
12
Mar-18 Apr-18 May-18 Jun-18 Jul-18 Jul-18 Aug-18
13 | Page
Balancer II (Open Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 20.3846Portfolio Return
Asset Classes F&U Actual
Government & Other Debt Securities 0-60%Equity 0-60%Cash & Money Market 0-40%
Portfolio return 1.4% 6.3% 7.6% 9.2% 9.9% 8.6% 8.5%Benchmark** 1.4% 6.8% 9.3% 10.3% 10.5% 8.7% 9.1% Portfolio Components
Note: Past returns are not indicative of future performance.
Security Rating Net AssetsGOVERNMENT SECURITIES
Asset Under Management (AUM) (Rs crores) 9.2% GOI 2030 Sovereign 2.8%7.17% GOI 2028 Sovereign 2.5%6.68% GOI 2031 Sovereign 1.7%8.38% SDL 2026 Sovereign 1.3%8.25% SDL 2025 Sovereign 1.3%8.27% SDL 2026 Sovereign 1.3%7.16% GOI 2023 Sovereign 1.1%8.25% SDL 2026 Sovereign 0.5%8.4% GOI 2025 Sovereign 0.0%TOTAL 12.5%
TOP 10 CORPORATE BONDSSIKKA PORTS & TERMINALS LTD. AAA 5.5%INDIABULLS HOUSING FINANCE LTD AAA 5.3%
Sector Allocation (As per NIC Classification*) POWER GRID CORPN. OF INDIA LTD. AAA 4.6%SHRIRAM TRANSPORT FINANCE CO. LTD. AA+ 3.8%L I C HOUSING FINANCE LTD. AAA 3.7%DEWAN HOUSING FINANCE CORPN. LTD. AAA 2.6%POWER FINANCE CORPN. LTD. AAA 2.5%RURAL ELECTRIFICATION CORPN. LTD. AAA 1.3%SUNDARAM FINANCE LTD AAA 1.3%IDFC BANK LIMITED AA+ 0.4%Others 0.5%TOTAL 31.5%
TOP 10 EQUITY SECURITIESH D F C BANK LTD. 4.8%RELIANCE INDUSTRIES LTD. 4.0%INFOSYS LTD. 3.7%I T C LTD. 3.5%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 2.4%I C I C I BANK LTD. 2.2%KOTAK MAHINDRA BANK LTD. 2.1%
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008 LARSEN & TOUBRO LTD. 2.0%Credit Rating Profile TATA CONSULTANCY SERVICES LTD. 1.8%
HINDUSTAN UNILEVER LTD. 1.7%Others 24.5%TOTAL 52.7%
CASH AND MONEY MARKET 3.4%PORTFOLIO TOTAL 100.0%
Maturity by Profile NAV Movement
Date of Inception: December 20,2009
NA
V (
In R
s.)
** Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt and Nifty 50 for Equity
Amit Shah Equity - 6 | Debt - 0 | Balanced - 2
Modified Duration(Debt and Money Market)
4.3
3.4%Last 3 Years
Since Inception
Last 6 Months
Last 1Year
Last 2Years
Since05-Jan-10
Deb Bhattacharya Equity - 3 | Debt - 2 | Balanced - 3
44.0%52.7%Last 1
Month
As on August 31, 2018
SFIN No: ULIF01015/12/09BALANCER2F117
Fund Manager Funds managed by the Fund Manager
Rs. 386 croreAs on August 31, 2018
ReturnsAbsolute Return CAGR Return
UNIT-LINKED Fund
Investment Objective: To generate capital appreciation and current income, through
a judicious mix of investments in equities and fixed income securities.
Investment Philosophy: The fund will target 50% investments in Equities and 50%
investments in Government & other debt securities to meet the stated objectives.
Cash and Money Market
13(3%)
Debt170
(44%)
Equity203
(53%)
24%
16%
13%12%
8%
4%
4%
3%
3%
3%
10%FINANCIAL AND INSURANCE ACTIVITIES
INFRASTRUCTURE SECTOR
GOVERNMENT OF INDIA
HOUSING SECTOR
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
Others
AAA62%
Government Securities
28%
AA+10%
< 1 Year7%
1 to 3 years20%
3 to 7 Years20%
> 7 Years53%
9
11
13
15
17
19
21
Dec-09 Jun-11 Nov-12 Apr-14 Oct-15 Mar-17 Aug-18
14 | Page
Balanced Opportunities Fund (Open Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 10.9136Portfolio Return
Asset Classes F&U Actual
Equities 40%-75%Debt 25%-60%Money Market 0%-35%
Portfolio return 1.9% - - - - 9.1%Benchmark** 2.1% - - - - 7.5% Portfolio Components
Note: Past returns are not indicative of future performance.
Security Rating Net AssetsGOVERNMENT SECURITIES
Asset Under Management (AUM) (Rs crores) 7.16% GOI 2023 Sovereign 29.3%7.88% GOI 2030 Sovereign 10.3%TOTAL 39.6%
TOP 10 EQUITY SECURITIESH D F C BANK LTD. 4.5%INFOSYS LTD. 3.8%RELIANCE INDUSTRIES LTD. 3.1%I T C LTD. 2.7%LARSEN & TOUBRO LTD. 2.0%KOTAK MAHINDRA BANK LTD. 2.0%I C I C I BANK LTD. 1.9%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 1.9%TATA CONSULTANCY SERVICES LTD. 1.6%
Sector Allocation (As per NIC Classification*) YES BANK LTD. 1.5%Others 33.6%TOTAL 58.6%
CASH AND MONEY MARKET 1.8%PORTFOLIO TOTAL 100.0%
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
Date of Inception: March 21,2018
NA
V (
In R
s.)
** Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt and Nifty 500 for Equity
Amit Shah Equity - 6 | Debt - 0 | Balanced - 2
Modified Duration(Debt and Money Market)
4.5
1.8%Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Deb Bhattacharya Equity - 3 | Debt - 2 | Balanced - 3
58.6%39.6%Last 1
Month
As on August 31, 2018
SFIN No: ULIF02301/01/18BALANCEOPP117
Fund Manager Funds managed by the Fund Manager
Rs. 0.76 croreAs on August 31, 2018
ReturnsAbsolute Return CAGR Return
UNIT-LINKED Fund
Investment Objective: To generate capital appreciation and current income
through a judicious mix of investments in equities and fixed income securities.
Investment Philosophy: The fund will target 60% investments in Equities and 40%
investments in Debt securities to meet the stated objectives
Cash and Money Market0.01(2%)
Debt0.30
(40%)
Equity0.45
(59%)
40%
19%
8%
5%
4%
3%
3%
3%
3%2%
10%GOVERNMENT OF INDIA
FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
CIVIL ENGINEERING
MANUFACTURE OF BASIC METALS
Others
Government Securities
100%
< 1 Year2%
3 to 7 Years72%
> 7 Years26%
9
9.5
10
10.5
11
11.5
12
Mar-18 Apr-18 May-18 Jun-18 Jul-18 Jul-18 Aug-18
15 | Page
Protector II (Open Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 19.0513
Portfolio Return Asset Classes F&U Actual
Government & Other Debt Securities 60-100%Cash & Money Market 0-40%
Portfolio ComponentsPortfolio return 0.1% 2.1% 0.1% 3.8% 6.2% 7.7%Benchmark** 0.0% 2.3% 0.9% 5.0% 7.2% 7.7% Security Rating Net Assets
Note: Past returns are not indicative of future performance. TOP 10 GOVERNMENT SECURITIES6.68% GOI 2031 Sovereign 7.4%7.17% GOI 2028 Sovereign 6.6%
Asset Under Management (AUM) (Rs crores) 6.79% GOI 2027 Sovereign 2.7%7.35% GOI 2024 Sovereign 2.4%7.61% GOI 2030 Sovereign 1.4%8.38% SDL 2026 Sovereign 1.0%8.22% SDL 2026 Sovereign 0.5%8.17% SDL 2025 Sovereign 0.4%7.98% SDL 2025 Sovereign 0.4%8.4% GOI 2024 Sovereign 0.4%Others 2.6%TOTAL 25.7%
TOP 10 CORPORATE BONDSSIKKA PORTS & TERMINALS LTD. AAA 9.4%POWER FINANCE CORPN. LTD. AAA 8.6%
Sector Allocation (As per NIC Classification*) DEWAN HOUSING FINANCE CORPN. LTD. AAA 6.4%INDIABULLS HOUSING FINANCE LTD AAA 5.4%RURAL ELECTRIFICATION CORPN. LTD. AAA 4.9%IDFC BANK LIMITED AA+ 3.4%TATA SONS LTD. AAA 3.3%H D F C BANK LTD. AAA 3.3%BAJAJ FINANCE LTD. AAA 3.0%L&T INFRA DEBT FUND LTD AAA 2.5%Others 17.4%TOTAL 67.6%
CASH AND MONEY MARKET 6.7%PORTFOLIO TOTAL 100.0%
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
Date of Inception: January 11,2010
** Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
93.3%6.7%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
Modified Duration(Debt and Money Market)
4.3
As on August 31, 2018
SFIN No: ULIF00915/12/09PROTECTOR2117
Deb Bhattacharya Equity - 3 | Debt - 2 | Balanced - 3
Rs. 1015 crore
UNIT-LINKED Fund
Investment Objective: To earn regular income by investing in high quality fixed
income securities
Investment Philosophy: The fund will target 100% investments in Government &
other debt securities to meet the stated objectives
Cash and Money Market
68(7%)
Debt947
(93%)
28%
25%
22%
14%
4%
7%INFRASTRUCTURE SECTOR
GOVERNMENT OF INDIA
FINANCIAL AND INSURANCE ACTIVITIES
HOUSING SECTOR
MANUFACTURE OF BASIC METALS
Others
AAA/A1+59%
Government Securities
28%
AA+/AA13%
< 1 Year9%
1 to 3 years11%
3 to 7 Years29%
> 7 Years51%
8
10
12
14
16
18
20
Jan-10 Jun-11 Nov-12 May-14 Oct-15 Mar-17 Aug-18
16 | Page
Bond Opportunities Fund (Open Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 10.0594
Portfolio Return Asset Classes F&U Actual
Equities 0%Debt 80%-100%Money Market 0%-20%
Portfolio return 0.2% - - - - 0.6% Portfolio ComponentsBenchmark** 0.0% - - - - 1.4%
Note: Past returns are not indicative of future performance. Security Rating Net AssetsGOVERNMENT SECURITIES7.16% GOI 2023 Sovereign 49.3%
Asset Under Management (AUM) (Rs crores) 7.17% GOI 2028 Sovereign 26.6%8.17% SDL 2025 Sovereign 17.7%TOTAL 93.6%
CASH AND MONEY MARKET 6.4%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
** Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index
Modified Duration(Debt and Money Market)
4.6
6.4%
Date of Inception: March 21,2018
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Deb Bhattacharya Equity - 3 | Debt - 2 | Balanced - 3
Rs. 0.50 crore
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
0.0%93.6%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF02401/01/18BONDOPPORT117
UNIT-LINKED Fund
Investment Objective: To provide higher accrual along with safety arising from high
allocation to corporate bonds. The fund will invest up to 100% of the corpus in debt
and money market securitiesInvestment Philosophy: The fund will target 100% investments in Debt securities to
meet the stated objectives
Cash and Money Market0.03(6%)
Debt0.47
(94%)
94%
6%
GOVERNMENT OF INDIA
Others
Government Securities
100%
< 1 Year5%
3 to 7 Years50%
> 7 Years45%
9.8
9.9
10
10.1
10.2
Mar-18 Apr-18 May-18 Jun-18 Jul-18 Jul-18 Aug-18
17 | Page
Preserver II (Open Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 18.1323
Portfolio Return Asset Classes F&U Actual
Govt & Govt Guaranteed Secs 60-100%Money Market Investments 0-40%
Portfolio ComponentsPortfolio return 0.1% 1.6% -0.1% 3.2% 6.0% 7.1%Benchmark** 0.3% 2.3% 2.0% 5.4% 7.6% 8.2% Security Rating Net Assets
Note: Past returns are not indicative of future performance. GOVERNMENT SECURITIES6.84% GOI 2022 Sovereign 21.9%7.35% GOI 2024 Sovereign 21.4%
Asset Under Management (AUM) (Rs crores) 7.16% GOI 2023 Sovereign 15.2%8.39% SDL 2024 Sovereign 11.8%7.68% GOI 2023 Sovereign 11.7%8.4% GOI 2024 Sovereign 6.4%8.27% GOI 2020 Sovereign 4.8%8.13% GOI 2021 Sovereign 0.1%TOTAL 93.3%
CASH AND MONEY MARKET 6.7%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
Date of Inception: January 11,2010
** Benchmark return has been computed by applying benchmark weightages on ISEC Mibex for Government & Govt. Guaranteed Securities
Modified Duration(Debt and Money Market)
3.7
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Himanshu Shethia Equity - 0 | Debt - 6 | Balanced - 4
Rs. 63 crore
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
93.3%6.7%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF00815/12/09PRESERVER2117
UNIT-LINKED Fund
Investment Objective: To generate income at a level consistent with preservation
of capital, through investments in securities issued or guaranteed by central and
state Governments.Investment Philosophy: The fund will target 100% investments in Government &
Govt. Guaranteed Securities to meet the stated objectives
Cash and Money Market
4(7%)
Debt59
(93%)
93%
5% 2%
GOVERNMENT OF INDIA
FINANCIAL AND INSURANCEACTIVITIES
Others
Government Securities
95%
A1+5%
< 1 Year5% 1 to 3 years
5%
3 to 7 Years90%
910
11
12
13
14
15
16
17
18
19
Jan-10 Jun-11 Nov-12 May-14 Oct-15 Mar-17 Aug-18
18 | Page
Liquid Fund (Open Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 11.0548
Portfolio Return Asset Classes F&U Actual
Money Market Instruments 0-100%
Portfolio ComponentsPortfolio return 0.4% 2.5% 4.9% 4.9% - 4.9%Benchmark** 0.5% 3.0% 6.0% 6.0% - 6.1% Security Net Assets
Note: Past returns are not indicative of future performance. CASH AND MONEY MARKET 100.0%PORTFOLIO TOTAL 100.0%
Asset Under Management (AUM) (Rs crores)
Sector Allocation (As per NIC Classification*)
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
** Benchmark return has been computed by applying benchmark weightages on CRISIL CBLO index
Modified Duration(Debt and Money Market)
0.3
Date of Inception: July 26,2016
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Himanshu Shethia Equity - 0 | Debt - 6 | Balanced - 4
Rs. 0.45 crore
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
100.0%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF01909/10/15LIQUIDFUND117
UNIT-LINKED Fund
Investment Objective: To generate stable returns by investing in very short term
debt and money market instruments.
Investment Philosophy: The fund will target 100% investments in Government &
other debt securities to meet the stated objectives.
Cash and Money Market0.45
(100%)
94%
6%
GOVERNMENT OF INDIA
Others
Government Securities
100%
< 1 Year100%
9
9.5
10
10.5
11
11.5
12
Jul-16 Nov-16 Apr-17 Aug-17 Dec-17 Apr-18 Aug-18
19 | Page
Multiplier (Closed Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Listed Equities 80-100%Money Market Investments 0-40%
Portfolio ComponentsPortfolio return 2.6% 10.9% 15.5% 12.9% 11.5% 12.1%Benchmark** 2.9% 11.3% 17.8% 15.3% 13.6% 13.6% Security Net Assets
Note: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIESRELIANCE INDUSTRIES LTD. 9.2%INFOSYS LTD. 7.6%
Asset Under Management (AUM) (Rs crores) H D F C BANK LTD. 7.3%I T C LTD. 6.2%TATA CONSULTANCY SERVICES LTD. 4.2%LARSEN & TOUBRO LTD. 4.1%SBI-ETF NIFTY BANK 4.1%MAHINDRA & MAHINDRA LTD. 3.5%HINDUSTAN UNILEVER LTD. 3.2%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 2.9%Others 46.6%TOTAL 98.9%
CASH AND MONEY MARKET 1.1%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Date of Inception: February 07,2005
** Benchmark return has been computed by applying benchmark weightages on Nifty 50 for Equity
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
98.9%1.1%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
NAV as on 31-08-2018
Rs. 47.0499
As on August 31, 2018
SFIN No: ULIF00625/01/05MULTIPLIER117
Deb Bhattacharya Equity - 3 | Debt - 2 | Balanced - 3
Rs. 1793 crore
UNIT-LINKED Fund
Investment Objective: To generate long term capital appreciation by investing in
diversified equities.
Investment Philosophy: The fund will target 100% investments in Equities to meet
the stated objectives.
Cash and Money Market
20(1%)
Equity1773(99%)
23%
15%
11%9%
8%
6%
6%
5%
4%
3%
10% FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MUTUAL FUND
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
CIVIL ENGINEERING
INFRASTRUCTURE SECTOR
Others
5
10
15
20
25
30
35
40
45
50
Feb-05 May-07 Aug-09 Nov-11 Feb-14 May-16 Aug-18
20 | Page
Virtue (Closed Fund)
Fund Details
AUM as on 31-08-2018
Portfolio Return Asset Classes F&U Actual
Listed Equities 60-100%Money Market Instruments 0-40%
Portfolio ComponentsPortfolio return 4.4% 5.6% 15.1% 14.7% 10.6% 8.6%
Security Net AssetsNote: Past returns are not indicative of future performance. TOP 10 EQUITY SECURITIES
RELIANCE INDUSTRIES LTD. 9.0%INFOSYS LTD. 7.4%
Asset Under Management (AUM) (Rs crores) MARUTI SUZUKI INDIA LTD. 3.4%BRITANNIA INDUSTRIES LTD. 3.1%HINDUSTAN UNILEVER LTD. 2.8%WABCO INDIA LTD. 2.7%TATA CONSULTANCY SERVICES LTD. 2.3%DABUR INDIA LTD. 2.3%LARSEN & TOUBRO LTD. 2.1%INFO EDGE (INDIA) LTD. 2.0%Others 56.2%TOTAL 93.4%
CASH AND MONEY MARKET 6.6%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
NAV Movement
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Date of Inception: February 27,2008
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
93.4%6.6%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
NAV as on 31-08-2018
Rs. 23.8684
As on August 31, 2018
SFIN No: ULIF00719/02/08VIRTUEFUND117
Deb Bhattacharya Equity - 3 | Debt - 2 | Balanced - 3
Rs. 95 crore
UNIT-LINKED Fund
Investment Objective: To generate long term capital appreciation by investing in
diversified equities of companies promoting healthy life style and enhancing quality
of life.Investment Philosophy: The fund will target 100% investments in Equities to meet
the stated objectives.
Cash and Money Market
6(7%)
Equity89
(93%)
14%
11%
11%
9%
7%6%
5%
5%
4%
4%
24%
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
INFRASTRUCTURE SECTOR
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MANUFACTURE OF FOOD PRODUCTS
MANUFACTURE OF ELECTRICAL EQUIPMENT
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MANUFACTURE OF OTHER NON-METALLIC MINERALPRODUCTS
MANUFACTURE OF BASIC METALS
Others
5
10
15
20
25
Feb-08 Nov-09 Aug-11 May-13 Feb-15 Nov-16 Aug-18
21 | Page
Accelerator (Closed Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 44.3758Portfolio Return
Asset Classes F&U Actual
Govt & Govt Guaranteed Secs 0-40%Infrastructure and Social Sector Secs 0-40%Listed Equities 60-95%
Portfolio return 2.2% 9.6% 12.3% 11.4% 10.7% 11.6% Long Term Bonds 0-60%Benchmark** 2.3% 9.5% 14.4% 13.3% 12.4% 12.6% Short Term Bonds 0-35%
Note: Past returns are not indicative of future performance. Money Market Investments 0-40%
Portfolio ComponentsAsset Under Management (AUM) (Rs crores)
Security Rating Net AssetsGOVERNMENT SECURITIES7.17% GOI 2028 Sovereign 2.2%6.68% GOI 2031 Sovereign 1.0%6.84% GOI 2022 Sovereign 0.4%TOTAL 3.7%
CORPORATE BONDSDEWAN HOUSING FINANCE CORPN. LTD. AAA 6.9%POWER FINANCE CORPN. LTD. AAA 2.3%SUNDARAM FINANCE LTD AAA 1.4%INDIABULLS HOUSING FINANCE LTD AAA 0.9%TOTAL 11.4%
Sector Allocation (As per NIC Classification*)TOP 10 EQUITY SECURITIESRELIANCE INDUSTRIES LTD. 8.2%INFOSYS LTD. 6.5%I T C LTD. 5.7%H D F C BANK LTD. 5.1%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 4.7%TATA CONSULTANCY SERVICES LTD. 4.3%HINDUSTAN UNILEVER LTD. 3.1%LARSEN & TOUBRO LTD. 3.1%MAHINDRA & MAHINDRA LTD. 2.7%SBI-ETF NIFTY BANK 2.4%Others 37.7%TOTAL 83.6%
CASH AND MONEY MARKET 1.3%PORTFOLIO TOTAL 100.0%
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
83.6%
Himanshu Shethia Equity - 0 | Debt - 6 | Balanced - 4
Rs. 216 crore
2.3%
Absolute Return CAGR Return3.7%
Shashikant Wavhal Equity - 0 | Debt - 0 | Balanced - 3
Modified Duration(Debt and Money Market)
4.2
Date of Inception: February 07,2005
NA
V (
In R
s.)
** Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt and Nifty 50 for Equity
9.2%0.0%1.3%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF00525/01/05ACCELERATO117
As on August 31, 2018
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Returns
UNIT-LINKED Fund
Investment Objective: To achieve capital appreciation by investing predominantly
in equities, with limited investment in fixed income securities.
Investment Philosophy: The fund will target 80% investments in Equities and 20%
investments in Government & other debt securities to meet the stated objectives.
Cash and Money Market
3(1%)
Debt33
(15%)
Equity180
(84%)
24%
14%
9%8%
6%
6%
6%
6%
4%
4%
13%FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
HOUSING SECTOR
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
INFRASTRUCTURE SECTOR
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
MUTUAL FUND
Others
AAA76%
Government Securities
24%
< 1 Year1%
3 to 7 Years63%
> 7 Years36%
5
10
15
20
25
30
35
40
45
Feb-05 May-07 Aug-09 Nov-11 Feb-14 May-16 Aug-18
22 | Page
Balancer (Closed Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 36.1745Portfolio Return
Asset Classes F&U Actual
Govt & Govt Guaranteed Secs 10-60%Infrastructure and Social Sector Secs 0-60%Listed Equities 35-65%
Portfolio return 1.3% 6.7% 8.1% 8.8% 9.1% 9.9% Long Term Bonds 0-60%Benchmark** 1.4% 6.8% 9.3% 10.3% 10.5% 10.9% Short Term Bonds 0-35%
Note: Past returns are not indicative of future performance. Money Market Instruments 0-40%
Portfolio ComponentsAsset Under Management (AUM) (Rs crores)
Security Rating Net AssetsTOP 10 GOVERNMENT SECURITIES7.17% GOI 2028 Sovereign 4.1%7.16% GOI 2023 Sovereign 2.5%6.68% GOI 2031 Sovereign 1.8%9.23% GOI 2043 Sovereign 1.3%6.57% GOI 2033 Sovereign 1.1%8.24% GOI 2027 Sovereign 1.1%7.59% GOI 2029 Sovereign 0.6%8.83% GOI 2023 Sovereign 0.5%8.17% GOI 2044 Sovereign 0.4%8.43% SDL 2019 Sovereign 0.4%Others 0.8%
Sector Allocation (As per NIC Classification*) TOTAL 14.7%
CORPORATE BONDSDEWAN HOUSING FINANCE CORPN. LTD. AAA 8.0%SIKKA PORTS & TERMINALS LTD. AAA 7.3%RURAL ELECTRIFICATION CORPN. LTD. AAA 3.9%POWER FINANCE CORPN. LTD. AAA 2.7%INDIABULLS HOUSING FINANCE LTD AAA 2.3%SUNDARAM FINANCE LTD AAA 1.6%POWER GRID CORPN. OF INDIA LTD. AAA 1.3%HDB FINANCIAL SERVICES LIMITED AAA 1.3%L&T INFRA DEBT FUND LTD AAA 1.3%TOTAL 29.6%
TOP 10 EQUITY SECURITIESRELIANCE INDUSTRIES LTD. 5.1%INFOSYS LTD. 4.2%H D F C BANK LTD. 4.0%I T C LTD. 3.6%
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008 HOUSING DEVELOPMENT FINANCE CORPN. LTD. 3.5%Credit Rating Profile TATA CONSULTANCY SERVICES LTD. 2.8%
HINDUSTAN UNILEVER LTD. 2.0%LARSEN & TOUBRO LTD. 2.0%KOTAK MAHINDRA BANK LTD. 1.8%MAHINDRA & MAHINDRA LTD. 1.8%Others 22.7%TOTAL 53.6%
CASH AND MONEY MARKET 2.1%PORTFOLIO TOTAL 100.0%
Maturity by Profile NAV Movement
53.6%
Himanshu Shethia Equity - 0 | Debt - 6 | Balanced - 4
Rs. 379 crore
16.5%
Absolute Return CAGR Return14.7%
Shashikant Wavhal Equity - 0 | Debt - 0 | Balanced - 3
Modified Duration(Debt and Money Market)
4.4
Date of Inception: February 08,2005
NA
V (
In R
s.)
** Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt and Nifty 50 for Equity
11.8%1.3%2.1%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF00425/01/05BALANCERFN117
As on August 31, 2018
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Returns
UNIT-LINKED Fund
Investment Objective: To generate capital appreciation and current income,
through a judicious mix of investments in equities and fixed income securities.
Investment Philosophy: The fund will target 50% investments in Equities and 50%
investments in Government & other debt securities to meet the stated objectives.
Cash and Money Market
8(2%)
Debt168
(44%)Equity203
(54%)
20%
19%
15%10%
9%
6%
4%
4%
3%3%
7% FINANCIAL AND INSURANCE ACTIVITIES
INFRASTRUCTURE SECTOR
GOVERNMENT OF INDIA
HOUSING SECTOR
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
Others
AAA67%
Government Securities
33%
< 1 Year5%
1 to 3 years16%
3 to 7 Years41%
> 7 Years38%
5
10
15
20
25
30
35
40
Feb-05 May-07 Aug-09 Nov-11 Feb-14 May-16 Aug-18
23 | Page
Moderator (Closed Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 28.2703Portfolio Return
Asset Classes F&U Actual
Govt & Govt Guaranteed Secs 10-60%Infrastructure and Social Sector Secs 0-60%Listed Equities 10-30%
Portfolio return 0.6% 3.9% 3.3% 5.2% 6.9% 8.0% Long Term Bonds 0-60%Benchmark** 0.6% 4.1% 4.3% 7.2% 8.6% 8.7% Short Term Bonds 0-35%
Note: Past returns are not indicative of future performance. Money Market Investments 0-40%
Portfolio ComponentsAsset Under Management (AUM) (Rs crores)
Security Rating Net AssetsGOVERNMENT SECURITIES7.35% GOI 2024 Sovereign 14.5%7.17% GOI 2028 Sovereign 12.0%7.16% GOI 2023 Sovereign 8.7%8.13% GOI 2021 Sovereign 0.2%TOTAL 35.3%
CORPORATE BONDSDEWAN HOUSING FINANCE CORPN. LTD. AAA 9.0%L&T INFRA DEBT FUND LTD AAA 8.7%POWER FINANCE CORPN. LTD. AAA 6.9%HDB FINANCIAL SERVICES LIMITED AAA 6.0%
Sector Allocation (As per NIC Classification*) INDIABULLS HOUSING FINANCE LTD AAA 5.4%RURAL ELECTRIFICATION CORPN. LTD. AAA 3.0%TOTAL 38.9%
TOP 10 EQUITY SECURITIESRELIANCE INDUSTRIES LTD. 2.1%INFOSYS LTD. 1.7%H D F C BANK LTD. 1.6%I T C LTD. 1.5%HOUSING DEVELOPMENT FINANCE CORPN. LTD. 1.4%TATA CONSULTANCY SERVICES LTD. 1.2%HINDUSTAN UNILEVER LTD. 0.9%LARSEN & TOUBRO LTD. 0.8%MAHINDRA & MAHINDRA LTD. 0.8%KOTAK MAHINDRA BANK LTD. 0.7%Others 9.5%TOTAL 22.1%
CASH AND MONEY MARKET 3.6%*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008 PORTFOLIO TOTAL 100.0%
Credit Rating Profile
Maturity by Profile NAV Movement
Date of Inception: February 08,2005
NA
V (
In R
s.)
** Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt and Nifty 50 for Equity
Shashikant Wavhal Equity - 0 | Debt - 0 | Balanced - 3
Modified Duration(Debt and Money Market)
3.8
22.1%14.3%6.0%3.6%
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Himanshu Shethia Equity - 0 | Debt - 6 | Balanced - 4
Rs. 17 croreAs on August 31, 2018
ReturnsAbsolute Return CAGR Return
35.3%18.6%Last 1
Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF00325/01/05MODERATORF117
UNIT-LINKED Fund
Investment Objective: To earn regular income by investing in high quality fixed
income securities and to generate capital appreciation by investing a limited
portion in equity.Investment Philosophy: The fund will target 20% investments in Equities and 80%
investments in Government & other debt securities to meet the stated objectives.
Cash and Money Market
1(4%)
Debt12
(74%)
Equity4
(22%)
35%
20%
14%
13%
4%
2%2%
2%1%1%
6% GOVERNMENT OF INDIA
INFRASTRUCTURE SECTOR
HOUSING SECTOR
FINANCIAL AND INSURANCE ACTIVITIES
COMPUTER PROGRAMMING, CONSULTANCY ANDRELATED ACTIVITIES
MANUFACTURE OF COKE AND REFINED PETROLEUMPRODUCTS
MANUFACTURE OF MOTOR VEHICLES, TRAILERS ANDSEMI-TRAILERS
MANUFACTURE OF CHEMICALS AND CHEMICALPRODUCTS
MANUFACTURE OF TOBACCO PRODUCTS
MANUFACTURE OF PHARMACEUTICALS, MEDICINALCHEMICAL AND BOTANICAL PRODUCTS
Others
AAA52%
Government Securities
48%
< 1 Year9% 1 to 3 years
4%
3 to 7 Years64%
> 7 Years23%
5
10
15
20
25
30
Feb-05 May-07 Aug-09 Nov-11 Feb-14 May-16 Aug-18
24 | Page
Protector (Closed Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 24.5377
Portfolio Return Asset Classes F&U Actual
Govt & Govt Guaranteed Secs 25-90%Infrastructure and Social Sector Secs 0-60%Long Term Bonds 10-60%Short Term Bonds 0-45%
Portfolio return 0.1% 1.8% 0.1% 3.4% 5.9% 6.8% Money Market Investments 0-40%Benchmark** 0.0% 2.3% 0.9% 5.0% 7.2% 6.9%
Note: Past returns are not indicative of future performance. Portfolio Components
Security Rating Net AssetsAsset Under Management (AUM) (Rs crores) GOVERNMENT SECURITIES
7.17% GOI 2028 Sovereign 13.7%6.68% GOI 2031 Sovereign 5.1%7.16% GOI 2023 Sovereign 4.1%7.35% GOI 2024 Sovereign 3.4%6.57% GOI 2033 Sovereign 1.8%9.23% GOI 2043 Sovereign 0.3%8.43% SDL 2019 Sovereign 0.2%TOTAL 28.5%
TOP 10 CORPORATE BONDSSIKKA PORTS & TERMINALS LTD. AAA 8.8%POWER GRID CORPN. OF INDIA LTD. AAA 7.8%POWER FINANCE CORPN. LTD. AAA 7.5%
Sector Allocation (As per NIC Classification*) DEWAN HOUSING FINANCE CORPN. LTD. AAA 7.0%RURAL ELECTRIFICATION CORPN. LTD. AAA 7.0%TATA SONS LTD. AAA 6.4%INDIABULLS HOUSING FINANCE LTD AAA 6.3%SHRIRAM TRANSPORT FINANCE CO. LTD. AA+ 3.4%INFRASTRUCTURE LEASING & FINANCIAL SERVICES AA+ 2.2%IDFC BANK LIMITED AA+ 0.3%TOTAL 56.7%
CASH AND MONEY MARKET 14.8%PORTFOLIO TOTAL 100.0%
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
Date of Inception: February 04,2005
14.8%
** Benchmark return has been computed by applying benchmark weightages on CRISIL Composite Bond Fund Index for Debt
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
28.5%33.2%
Last 1 Month
17.1%6.4%
Fund Manager Funds managed by the Fund Manager
Modified Duration(Debt and Money Market)
3.6
As on August 31, 2018
SFIN No: ULIF00225/01/05PROTECTORF117
Himanshu Shethia Equity - 0 | Debt - 6 | Balanced - 4
Rs. 142 crore
UNIT-LINKED Fund
Investment Objective: To earn regular income by investing in high quality fixed
income securities
Investment Philosophy: The fund will target 100% investments in Government &
other debt securities to meet the stated objectives
Cash and Money Market
21(15%)
Debt121
(85%)
33%
29%
13%
10%
15%
INFRASTRUCTURE SECTOR
GOVERNMENT OF INDIA
HOUSING SECTOR
FINANCIAL AND INSURANCE ACTIVITIES
Others
AAA60%
Government Securities
33%
AA+7%
< 1 Year20%
1 to 3 years14%
3 to 7 Years35%
> 7 Years31%
8
10
12
14
16
18
20
22
24
26
Feb-05 May-07 Aug-09 Nov-11 Feb-14 May-16 Aug-18
25 | Page
Preserver (Closed Fund)
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 22.4929
Portfolio Return Asset Classes F&U Actual
Govt & Govt Guaranteed Secs 80-100%Money Market Investments 0-40%
Portfolio ComponentsPortfolio return 0.1% 1.6% 0.0% 3.1% 5.9% 6.2%Benchmark** 0.3% 2.3% 2.0% 5.4% 7.6% 7.6% Security Rating Net Assets
Note: Past returns are not indicative of future performance. TOP 10 GOVERNMENT SECURITIES7.16% GOI 2023 Sovereign 21.6%7.35% GOI 2024 Sovereign 19.3%
Asset Under Management (AUM) (Rs crores) 7.68% GOI 2023 Sovereign 18.0%8.39% SDL 2024 Sovereign 12.4%8.27% GOI 2020 Sovereign 11.7%6.84% GOI 2022 Sovereign 5.6%8.6% GOI 2028 Sovereign 2.1%7.99% SDL 2025 Sovereign 1.3%8.13% GOI 2021 Sovereign 0.5%7.59% GOI 2029 Sovereign 0.3%TOTAL 92.8%
CASH AND MONEY MARKET 7.2%PORTFOLIO TOTAL 100.0%
Sector Allocation (As per NIC Classification*)
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
** Benchmark return has been computed by applying benchmark weightages on ISEC Mibex for Government & Govt. Guaranteed Securities
Date of Inception: February 10,2005
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
92.8%7.2%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
Modified Duration(Debt and Money Market)
3.6
As on August 31, 2018
SFIN No: ULIF00125/01/05PRESERVERF117
Himanshu Shethia Equity - 0 | Debt - 6 | Balanced - 4
Rs. 60 crore
UNIT-LINKED Fund
Investment Objective: To generate income at a level consistent with preservation
of capital, through investments in securities issued or guaranteed by central and
state Governments.Investment Philosophy: The fund will target 100% investments in Government &
Govt. Guaranteed Securities to meet the stated objectives
Cash and Money Market
4(7%)
Debt56
(93%)
93%
5%2%
GOVERNMENT OF INDIA
FINANCIAL AND INSURANCEACTIVITIES
Others
Government Securities
95%
A1+5%
< 1 Year5%
1 to 3 years12%
3 to 7 Years79%
> 7 Years4%
8
10
12
14
16
18
20
22
24
Feb-05 May-07 Aug-09 Nov-11 Feb-14 May-16 Aug-18
26 | Page
Discontinued Policy Fund
Fund Details
AUM as on 31-08-2018 NAV as on 31-08-2018
Rs. 16.9953
Portfolio Return Asset Classes F&U Actual
Government Securities 0-25%Money Market Instruments 0-100%
Portfolio ComponentsPortfolio return 0.5% 2.9% 5.8% 5.9% 6.2% 7.1%
Security Net AssetsNote: Past returns are not indicative of future performance. CASH AND MONEY MARKET 100.0%
PORTFOLIO TOTAL 100.0%
Asset Under Management (AUM) (Rs crores)
Sector Allocation (As per NIC Classification*)
*NIC Classification – Industrial sectors as defined under National Industrial Classification 2008
Credit Rating Profile
Maturity by Profile NAV Movement
Modified Duration(Debt and Money Market)
0.3
Date of Inception: December 21,2010
NA
V (
In R
s.)
Last 6 Months
Last 1Year
Last 2Years
Last 3Years
Since Inception
Himanshu Shethia Equity - 0 | Debt - 6 | Balanced - 4
Rs. 608 crore
As on August 31, 2018
ReturnsAbsolute Return CAGR Return
0.0%100.0%
Last 1 Month
Fund Manager Funds managed by the Fund Manager
As on August 31, 2018
SFIN No: ULIF01721/12/10DISCONTINU117
UNIT-LINKED Fund
Investment Objective: To generate income at a level consistent with the
preservation of capital, along with a minimum interest of 4% per annum.
Investment Philosophy: The fund will target 100% investments in Government &
other debt securities to meet the stated objectives.
Cash and Money Market
608(100%)
84%
7%
4%5%
GOVERNMENT OF INDIA
FINANCIAL AND INSURANCEACTIVITIES
HOUSING SECTOR
Others
Government Securities
88%
A1+12%
< 1 Year100%
9
10
11
12
13
14
15
16
17
18
Dec-10 Apr-12 Jul-13 Oct-14 Feb-16 May-17 Aug-18
27 | Page
Quantitative Indicators
Macroeconomic Indicators
• Macroeconomics - Macroeconomics is the branch of economics that studies the behavior and performance of aneconomy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate,gross domestic product and inflation. Macroeconomics analyzes all aggregate indicators that influence theeconomy. Government and corporations use macroeconomic models to help in formulating of economic policiesand strategies.
• Gross Domestic Product (GDP) - GDP is one of the primary indicators used to gauge the health of a country'seconomy. It represents the total value of all goods and services produced over a specific time period. It can bestated in real terms or nominal terms (which includes inflation).
• Gross value added (GVA) - GVA is a productivity metric that measures the contribution to an economy, producer,sector or region. Gross value added provides a value for the amount of goods and services that have beenproduced, less the cost of all inputs and raw materials that are directly attributable to that production.
• Index of Industrial Production (IIP) – The index represents the production growth of various sectors in India. Theindex focuses on mining, electricity and manufacturing. The ongoing base year for calculation of index is 2004-2005.
• HSBC Purchasers Managers’ Index (PMI) - Three types of indices – Manufacturing, Services and Composite Indexare published on a monthly basis after surveys of private sector companies. An index reading above 50 indicates anoverall increase in that variable, while below 50 shows an overall decrease.
• Inflation – Inflation measures the change in the prices of a basket of goods and services in a year. From acalculation standpoint, it is the percentage change in the value of the Wholesale Price Index (WPI) / ConsumerPrice Index (CPI) on a year-on-year basis. It occurs due to an imbalance between demand and supply, changes inproduction and distribution cost or increase in taxes on products. When economy experiences inflation, i.e. whenthe price level of goods and services rises, the value of currency reduces.
• Standard Deviation (SD) - It shows how much the variation or dispersion of a fund’s daily returns has from itsaverage. Lesser SD indicates that the daily returns are moving closer to the average. A higher SD indicates thatdaily returns are widely spread over a large range of value.
• Beta – It indicates how the fund is performing relative to its benchmark. If beta of a fund is higher than itsbenchmark, which is considered 1, it indicates risk-return trade-off is better and vice-versa.
• Sharpe Ratio – It measures the risk-reward ratio as it indicates whether higher returns come with higher or lowerrisk. Greater the ratio, better is the risk-adjusted performance.
• Average Maturity – It is the weighted average period of all the maturities of debt securities in the portfolio.
• Modified Duration (MD) – It is the measurable change in the value of a security in response to a change in interestrates.
• Bond yield – Bond yield is the amount of return an investor realizes on a bond. Several types of bond yields exist,including nominal yield (interest paid divided by the face value of the bond) and current yield (annual earnings ofthe bond divided by its current market price). Yield to maturity (YTM), a popular measure where in addition tocoupon return it also additionally incorporates price decline/increase to face value of the bond over the maturityperiod.
Back28 | Page
Glossary
Back
Market Indices
Fixed Income Indicators
• Nifty 50 Index – It is a well diversified 50 stock index accounting for 22 sectors of the economy. It is used for avariety of purposes such as benchmarking fund portfolios, index based derivatives and index funds.
• CRISIL Composite Bond Fund Index - It seeks to track the performance of a debt portfolio that includesgovernment securities and AAA/AA rated corporate bonds.
• Repo Rate - The rate at which the RBI lends money to commercial banks is called repo rate. It is an instrument ofmonetary policy. Whenever shortage of funds banks has, they can borrow from the RBI.
• Cash Reserve Ratio (CRR) - CRR is the amount of funds which the banks need to keep with the RBI. If the RBIdecides to increase the CRR, the available amount with the banks comes down. The RBI uses the CRR to drain outexcessive money from the system.
29| Page
Macroeconomic Indicators
• Nominal interest rate - Nominal interest rate is the interest rate that does not take inflation impact into account.It is the interest rate that is quoted on bonds and loans.
• Real interest rate - Real interest rate adjusts for the inflation and gives the real rate of a bond or a loan.
• Monetary Policy – Monetary policy is the macroeconomic policy laid down by the Central bank. It involvesmanagement of money supply and interest rates to achieve macroeconomic objectives like inflation, consumption,growth and liquidity. Depending on growth-inflation dynamics, the central bank can either pursue an easy or atight monetary policy. An expansionary/easy/ accommodative monetary policy involves expansion of moneysupply, mainly by keeping interest rates low, to boost economic growth. A contractionary/tight monetary policyinvolves reduction in money supply to control inflation in the economy.
• Liquidity - The Central bank of a country has to maintain an appropriate level of liquidity to help meet the creditdemand of the country as well as maintain price stability. This is done by way of direct monetary policy tools suchas policy rates and cash reserves to be maintained with it by banks. It is also done by indirect means such as Openmarket Operations (OMO) which involve sale and purchase of Government securities.
• Fiscal Deficit – This takes place when India's expenditure rises than its revenue. To fill this gap, the Governmentraises debt by issuing Government/ sovereign bonds. Fiscal deficit is usually compared with GDP to understand thefinancial position of the country. Rising fiscal deficit to GDP ratio is not good for the country, which requiresimmediate attention to cut expenditure and/or increase the source of revenue.
• Current Account Deficit (CAD) - Current account deficit is a measurement of a country’s trade where the value ofimports of goods and services as well as net investment income or transfer from abroad is greater than the valueof exports of goods and services for a country. This indicates that the country is a net debtor of foreign currency,which increases the pressure on the country's existing foreign currency reserves. Current account surplus is theopposite of this.
• Investment - In private investment, the funds come from a private, for-profit business. A few examples of privateinvestment are a private company’s manufacturing plant, a commercial office building, or a shopping mall. Inpublic investment, the money exchanged comes from a governmental entity such as a city, state, country, etc. Itwould involve roads, airports, dams and other public infrastructure.
Glossary
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Others
• Goods and Services Tax (GST) – The GST is one of the biggest indirect tax reforms, with an aim to make India oneunified common market. It is a single tax on the supply of goods and services, right from the manufacturer to theconsumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition,which makes GST essentially a tax only on value addition at each stage. The final consumer will thus bear only theGST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.
• Foreign institutional investors (FIIs) - FIIs are those institutional investors who invest in the assets belonging to adifferent country other than that where these organizations are based. These are the big companies such asinvestment banks, mutual funds etc, which invest considerable amount of money in Indian equity and fixedincome markets, and consequently have a strong bearing on the respective market movement and currency.
• Domestic institutional investors (DIIs)- DIIs are those institutional investors who undertake investment insecurities and other financial assets of the country they are based in. Institutional investment is defined to be theinvestment done by institutions or organizations such as banks, insurance companies, and mutual fund houses inthe financial or real assets of a country.
• Emerging market (EM) economy- An emerging market economy describes a nation's economy that is progressingtoward becoming more advanced, usually by means of rapid growth and industrialization. These countriesexperience an expanding role both in the world economy and on the political frontier.
• Organization of the Petroleum Exporting Countries (OPEC)- The OPEC was formed in 1960 to unify andcoordinate members’ petroleum policies. This was aimed at ensuring the stability of oil markets in order to securean efficient, economic, and regular supply of petroleum to customers as well as a steady income to producerswith a fair return. Members of OPEC include Iran, Iraq, Syria, Kuwait, Saudi Arabia, Bahrain, Qatar, the UnitedArab Emirates (or UAE), Oman, and Yemen. The OPEC countries produce 40% of the world’s crude oil.
• Federal Open Market Committee (FOMC)- The FOMC is the monetary policymaking body of the Federal ReserveSystem. The FOMC is composed of 12 members – seven members of the Board of Governors and five of the 12Reserve Bank presidents.
• International Monetary Fund (IMF)- The IMF, formed in 1945, is an international organization of 189 countries,headquartered in Washington, D.C. The key objectives include fostering global monetary cooperation, securingfinancial stability, facilitating international trade, promoting high employment and sustainable economic growth,and reducing poverty around the world.
Fixed Income Indicators
• Marginal Standing Facility (MSF) – It is a rate at which the RBI provides overnight lending to commercial banksover and above the repo window (repo rate). The interest rate charged is higher than the repo rate and hence it isused when there is considerable shortfall in liquidity.
• Statutory Liquidity ratio (SLR) – In India, commercial banks are required to maintain a certain percentage of theirtotal deposits (net demand and time liabilities) in notified Government securities to ensure safety and liquidity ofdeposits. This percentage is known as the SLR rate. If the RBI or Central Bank reduces the SLR rate, it means thathigher liquidity will be available to banks for their lending activity and vice-versa.
Glossary
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ULIP
• MetLife Smart PlatinumUIN : 117L066V02
Traditional Products
• PNB MetLife Guaranteed Income Plan UIN :117N097V03
• PNB MetLife Mera Heart and Cancer Care UIN: 117N100V01
• PNB MetLife Endowment Savings Plan PlusUIN : 117N099V01
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A tailor-made health insurance plan that provides you withcomprehensive cover against different stages of cancer and heartdiseases, without a survival period. It also provides an inbuilt life coverand an option to get your premiums back (net of claims paid) at maturity.
A Unit Linked Whole life plan for your changing life stage needs. Alongwith 6 Unit Linked Funds & investment strategies like auto rebalancingand Systematic Transfer Option, this plan has free unlimited switchesonline, which allows you to manage your investments with changingmarket conditions.
A plan that helps you accumulate your savings for your financial needs atevery stage of life. Additionally, it provides life cover to protect yourfamily along with an option to protect your goals against critical illnesses.
• PNB MetLife Mera Jeevan Suraksha Plan UIN :117N102V01
A comprehensive protection plan with life and terminal illness cover thatprovides flexible pay out options to protect and fulfil your family’s future.
• PNB MetLife Mera Term Plan UIN: 117N092V02
A customizable protection plan which gives the option to stay protected tillage 99. Four pay out options and coverage for spouse make it a trulyflexible offering. Additional protection is also available through riders.
• PNB MetLife Whole Life Wealth PlanUIN: 117L118V01
PNB MetLife Whole Life Wealth Plan is a whole life unit linked plan thatprovides tailor-made solutions to accumulate wealth along with lifeprotection, including an option where wealth creation doesn’t take aback seat even during critical illness.
Our Popular Products
About Us
PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the fastest growing lifeinsurance companies in the country, having as its shareholders, MetLife International Holdings LLC.(MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji andCompany Private Limited and other private investors, with MIHL and PNB being the majorityshareholders. PNB MetLife has been present in India since 2001.
PNB MetLife brings together the financial strength of a leading global life insurance provider, MetLife,Inc., and the credibility and reliability of PNB, one of India's oldest and leading nationalised banks.The vast distribution reach of PNB together with the global insurance expertise and product range ofMetLife makes PNB MetLife a strong and trusted insurance provider.
PNB MetLife is present in over 107 locations across the country and serves customers in more than8,000 locations through its bank partnerships with PNB, JKB and Karnataka Bank Limited.
PNB MetLife provides a wide range of protection and retirement products through its Agency sales ofover 6,000 financial advisors and multiple bank partners, and provides access to Employee Benefitplans for over 1,200 corporate clients in India. The company continues to be consistently profitableand has declared profits for last five Financial Years.
For more information, visit www.pnbmetlife.com
Customer Helpline No.
SMS HELP to 5607071(Special SMS Charges Apply)
1800-425-6969 (Toll Free) (Within India only)
IVR available 24*7 with your policy details
indiaservice@pnbmetlife.co.in
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PNB MetLife India Insurance Co. Ltd.(Insurance Regulatory and Development Authority of India
(IRDAI of India), Life Insurance Registration No.117)Registered Office: Unit No. 701, 702 & 703,
7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore-560001.
Toll Free: 1-800-425-6969www.pnbmetlife.com
PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, RahejaTowers, 26/27 M G Road, Bangalore-560001, Karnataka. IRDAI Registration number 117. CI No: U66010KA2001PLC028883, Call us Toll-free at 1-800-425-6969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in. or write to us 1st Floor, Techniplex -1,Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062. Phone: +91-22-41790000, Fax: +91-22-41790203.LD/2018-19/171 EC156.
• For more details on risk factors, terms and conditions, please read product sales brochure carefully before concluding a sale• Unit-Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors• The premium paid in Unit-Linked Life Insurance Policies are subject to investment risks associated with capital markets and the NAVsof the Units may go up or down based on the performance of Fund and factors influencing the capital market and the insured isresponsible for his/her decisions • The name of the Insurance Company and the name of the Unit-Linked Life Insurance contract doesnot in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicablecharges, from your Insurance agent or the Intermediary or the Policy Document • The various Funds offered are the names of theFunds and do not in any way indicate the quality of these plans, their future prospects and returns. The Unit-Linked Funds don't offera guaranteed or assured return • The premium shall be adjusted on the due date even if it has been received in advance.
The fund update provided by PNB MetLife India Insurance Company Limited (“PNB MetLife”) is for general informational purposes only.This information is not intended as investment advice, or as an endorsement, recommendation or sponsorship of any company,security, or fund. The opinions and analyses included in the information are based from sources believed to be reliable and written ingood faith, but no representation or warranty, expressed or implied is made as to their accuracy, completeness or correctness. PNBMetLife cannot and do not assess or guarantee the suitability or profitability of any particular investment, or the potential value ofany investment or informational source. You should seek the advice of a qualified securities professional before making anyinvestment. The information contained herein does not suggest or imply and should not be construed, in any manner, a guarantee offuture performance. Past performance does not guarantee future results.
"The products on Nifty 50 Index is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). IISLdoes not make and expressly disclaims any representation or warranty, express or implied (including warranties of merchantability orfitness for particular purpose or use) regarding the advisability of investing in the products linked to Nifty 50 Index or particularly inthe ability of the Nifty 50 Index to track general stock market performance in India. Please read the full Disclaimers in relation to theNifty 50 Index in the Offer Document / Prospectus / Information Statement".
Indices provided by CRISIL
CRISIL Indices are the sole property of CRISIL Limited (CRISIL). CRISIL Indices shall not be copied, retransmitted or redistributed in anymanner for any commercial use. CRISIL has taken due care and caution in computation of the Indices, based on the data obtained fromsources, which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of the Indices and isnot responsible for any errors or for the results obtained from the use of the Indices. CRISIL especially states that it has no financialliability whatsoever to the users of CRISIL Indices.
Compound annual growth rate (CAGR) is rounded to nearest 0.1%
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“The marks “PNB” and “MetLife” are the registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance CompanyLimited is a licensed user of these marks”
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested tolodge a police complaint.
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